Quantcast

Daily Archives: December 22, 2007

As Saudis Raise Money, US Companies Go On Sale (C)(MER)(AMD)(MS)

Posted: December 22, 2007 at 3:15 pm

Saudi Arabia is sick of the big sovereign funds in China and Abu Dhabi kicking sand in its face. The country plans to put a fund in place that will ...
Read Full Story »

Bill Gross of PIMCO Says Economy Is In Tatters

Posted: December 22, 2007 at 11:23 am

Bill Gross, king of the bond industry and head of PIMCO, says that the recession has begun. He has been begging the Fed to cut interest rates. Perhaps he secretly ...
Read Full Story »

The SIV “Super Fund”: Dead And Buried (C)(BAC)(JPM)

Posted: December 22, 2007 at 11:12 am

The SIV "Super Fund" created by the Treasury Department, Citigroup (C), Bank of America (BAC), and JP Morgan (JPM) is dead. Once Citi took its own SIVs onto the banks ...
Read Full Story »

This Week on Stockhouse December 17 to 21

Posted: December 22, 2007 at 10:59 am

Markets were whipsawed this week as big investment banks reported disappointing results. Metals dragged Toronto trading lower. On Monday… Danny Deadlock looked at how tax loss selling has accelerated declines ...
Read Full Story »

Wal-Mart (WMT) And Macy’s (M): Holiday “Hail Mary”

Posted: December 22, 2007 at 10:57 am

Wal-Mart (WMT) and Macy's (M) are going to throw the retail ball up in the air just before Christmas and hope that the consumer catches it. Both stores plan to ...
Read Full Story »

Turnarounds That Haven’t Turned Around: Micron Technology (MU)

Posted: December 22, 2007 at 10:14 am

Micron Technology (NYSE:MU) is one of the poor and beleaguered tech stocks that has been in turnaround mode for as long as memory serves.  The problem is that it is ...
Read Full Story »

2008 Dogs of the Dow (C, PFE, T, VZ, MO, GM, DD, JPM, GE, HD)

Posted: December 22, 2007 at 9:14 am

Since it is year-end, we wanted to compile a list of the 2008 likely Dogs of the Dow.  We included Friday's closing prices for each DJIA component and we also ...
Read Full Story »